New York, October 26, 2017 – From cloud computing to machine learning to AI-driven risk management, new technologies are reshaping the banking world. How financial institutions can innovate by implementing these new technologies was the focus of the recent 2017 Moody’s Analytics Risk and Finance Practitioner Conference (RFPC).

Each year, Moody’s Analytics hosts RFPC for risk management and finance professionals to exchange ideas and best practices with industry experts and their peers. The 227 attendees at this year’s RFPC chose from more than 40 breakout sessions over three days, and met one-on-one with Moody’s Analytics experts, all while earning CPE credits.

“The Rise of Risktech” was the theme of RFPC 2017. As banks adopt new strategies, there are many opportunities for process and technology optimization. By adopting modern technology innovations, and refining their existing processes, banks can operate more efficiently and achieve a better bottom line while embracing a more holistic view of risk measurement.

Keith Berry, Executive Director-Emerging Business Unit, and Steve Tulenko, Executive Director-Enterprise Risk Solutions, opened RFPC 2017 by explaining how Moody’s Analytics is helping clients respond to the rapidly increasing pace of innovation. Their presentation tied key trends in the marketplace to technology innovations, showing how these changes will continue on a faster pace for years to come.

Two new Moody’s Analytics cloud solutions were also announced at this year’s event: the CreditLens™ platform and Capital Risk Analyzer. The Moody’s Analytics CreditLens platform, our new credit origination and risk monitoring solution, is built for the cloud. The CreditLens solution offers flexibility, configurability, and increased efficiency to help lenders establish smarter and leaner loan origination practices. Lenders using the CreditLens platform can gain valuable insights and reduce their time-to-decision, allowing them to make higher-quality loans, faster.

Philip Moyer, Director, AWS Financial Services, gave closing remarks that extended the conference’s focus on innovation and new technologies. Mr. Moyer led the audience through a presentation on the challenges of innovating at scale, with Amazon as an example of a company that has successfully done so. Mr. Moyer explained that Amazon’s organizational culture plays a critical role in their ability to innovate, as does their willingness to experiment – and sometimes fail.

Click here to learn more about the 2017 Moody’s Analytics Risk and Finance Practitioner Conference.

About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research, and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $3.6 billion in 2016, employs approximately 11,500 people worldwide and maintains a presence in 41countries. Further information is available at moodysanalytics.com.